Pension Fund Regulatory And Development Authority (Exits And Withdrawals Under The National Pension System) Regulation
Central Regulations · 201322 provisions
The enactment
| Type | Regulations |
|---|---|
| Year | 2013 |
| Jurisdiction | Central |
| Ministry | Ministry of Finance |
| Status | In force as published by the source |
| Provisions published | 22 |
| Subjects | financial, local |
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- Section 1 Short title and commencement
- Section 2 Definitions
- Section 3 5 Exit from National Pension System for government sector subscribers
- Section 4 Exit from National Pension System by citizens, including corporate sector subscribers
- Section 5 Exit from National Pension System by NPS-Lite and Swavalambansubscribers
- Section 6 16 Conditions to apply for exit and withdrawal
- Section 7 22 Conditions of withdrawals under National Pension System
- Section 8 23 The following withdrawals shall be permitted under National Pension System
- Section 9 27 Withdrawal process
- Section 10 28 Conditions of annuity purchase upon exit
- Section 11 Empanelment of annuity service providers
- Section 12 Eligibility criteria for grant of certificate
- Section 13 Disclosure of information
- Section 14 Furnishing of information and clarification
- Section 15 Verification of information
- Section 16 Consideration of application
- Section 17 Procedure for grant of certificate of empanelment
- Section 18 Conditions of certificate of Empanelment
- Section 19 Effect of refusal to grant certificate of empanelment or expiry of certificate of empanelment
- Section 20 Period of validity of certificate of empanelment
- Section 21 Exemptions in certain cases from eligibility criteria
- Section 22 Duties and responsibilities of empanelled annuity service providers
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